New Vikings Stadium Plan Highlights Charitable Gambling

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Negotiators working on a deal for the new Vikings football stadium have drawn up a plan that will look toward electronic bingo and pull tabs to fund the almost $400 million contribution from the state.
A previous plan proposed for the stadium involving charitable gambling did not appeal to charitable gambling officials as they felt the tax relief outlined in the plan was not significant enough.
According to the Star Tribune, though, the most current proposal would give $36 million annually in tax relief to charitable gaming in Minnesota, a 29 percent decrease.
King Wilson, executive director of Allied Charities of Minnesota, spoke with MPR News and said this tax restructuring has made the overall deal acceptable to his group.
"As we said early on, this is not going to be a simple solution," he told MPR. "It was complex, but I think we've come up with something that's very fair and good for all."
The new proposal will be heard for the first time in front of the Minnesota House Commerce Committee on Monday.


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This page contains a single entry by somek005 published on April 1, 2012 8:17 PM.

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